Sterling Capital Management LLC Has $1.48 Million Stake in Mirion Technologies, Inc. (NYSE:MIR)

Sterling Capital Management LLC raised its stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 13,457.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,871 shares of the company's stock after acquiring an additional 84,245 shares during the period. Sterling Capital Management LLC's holdings in Mirion Technologies were worth $1,481,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of MIR. Vanguard Group Inc. raised its stake in Mirion Technologies by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 23,909,802 shares of the company's stock valued at $417,226,000 after purchasing an additional 227,178 shares in the last quarter. State Street Corp raised its position in shares of Mirion Technologies by 2.7% in the 3rd quarter. State Street Corp now owns 5,365,728 shares of the company's stock valued at $59,399,000 after buying an additional 138,648 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Mirion Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 4,571,828 shares of the company's stock worth $79,796,000 after acquiring an additional 69,373 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Mirion Technologies by 29,948.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,214,921 shares of the company's stock worth $73,550,000 after acquiring an additional 4,200,894 shares in the last quarter. Finally, William Blair Investment Management LLC bought a new position in Mirion Technologies in the fourth quarter valued at approximately $53,066,000. 78.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. B. Riley lowered their price objective on shares of Mirion Technologies from $19.00 to $17.00 and set a "buy" rating for the company in a research report on Wednesday. Citigroup lowered their price target on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Robert W. Baird reduced their price objective on Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating on the stock in a research note on Friday, April 4th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Mirion Technologies has a consensus rating of "Buy" and a consensus price target of $18.75.

Mirion Technologies Price Performance

Shares of NYSE MIR traded down $0.05 during midday trading on Friday, reaching $13.79. 914,653 shares of the company were exchanged, compared to its average volume of 1,668,099. The stock's 50-day moving average price is $14.72 and its 200-day moving average price is $15.55. The stock has a market cap of $3.20 billion, a P/E ratio of -72.56 and a beta of 0.75. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43. Mirion Technologies, Inc. has a one year low of $9.11 and a one year high of $18.81.

Mirion Technologies (NYSE:MIR - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. On average, sell-side analysts anticipate that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Mirion Technologies Profile

Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.